DigitalTrendTrade | 0.3The Digital Trend Trade trading strategy is designed for trading both local and global trends, as well as for displaying floating and fixed support levels and identifying price extremes.
The strategy consists of several main elements:
Global Average - On the chart, GA is displayed as the average price line, showing the current local trend direction with its color, as well as edging the bars to the trend color. Generates a signal when the local trend changes.
Global Trend - The second element of the strategy indicator is Global Trend, which forms the key support and resistance levels, when breaking through which the global trend changes and the corresponding signal is formed.
Bill Williams Fractal Levels - And the third element is the Bill Williams Fractal Levels block, which primarily fixes local extremes that can be used for scalping, as well as for setting a take profit and stop loss for a trade.
Support and resistance levels are also formed from local extremes.
To get access to the indicator, contact us via private messages.